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Faurecia acquires majority stakes in CLD, China for hydrogen tanks
Faurecia acquired a majority of CLD, one of China’s largest high-pressure tank manufacturers. Faurecia and CLD will develop and manufacture homologated type III and IV hydrogen storage tanks for the Chinese market. Headquartered in ShenYang, CLD has 200 employees and 2 plants in Liaoning with a capacity of 30,000 ta....
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